One of a kind, 14 acre Institutional Zoned bare land property adjacent to Cable Bay Area.
Land is mostly level with many building sites, Southern Exposure, two spring fed ponds which are home to many wildlife species. The zoning allows for institutional use which would include schools, intermediate or extended care, memory centre, or many other group home related uses. Property currently has 200 amp electrical service and three phase power is available at the property line. An excellent well producing approx. 14 gpm. Property is designated Residential under the OCP, so the RDN will support it being rezoned to residential to accommodate at least two additional residences, plus suites. Property is divided by a road and may be able to be subdivided to 8 and 5 acre parcels. Contact Martin Velsen for additional information.
Address
2640 Cedar Heights Cres
List Price
$1,200,000
Property Type
Residential
Type of Dwelling
Land
Transaction Type
sale
Area
Nanaimo
Sub-Area
Na Cedar
Lot Size
629878 Sq. Ft.
Lot Size (Acres)
14.49 Ac.
MLS® Number
1008107
Listing Brokerage
REMAX Professionals
Postal Code
V9X 1N4
Tax Amount
$3,473.47
Tax Year
2024
Amenities
Acreage, No Through Road, Private, Quiet Area, Rural Setting, In Wooded Area, Wooded